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Import rules take effect on security-risk cellphones
The commerce ministry has prohibited import of mobile phone handsets (classified under ITC (HS) Code ‘8517’) without International Mobile Equipment Identity (IMEI) number or with all zeroes’ IMEI, with immediate effect from October 14, 2009. Import of ‘CDMA mobile phones’ (classified under ITC (HS) Code ‘8517’) without Electronic Serial Number (ESN)/Mobile Equipment Identifier (MEID) or with all zeroes as ESN/MEID is also prohibited with immediate effect from the same date.

Cipla slips despite increase in net
Cipla ended at Rs 317, lower by Rs 1 or 0.5%, on the BSE.

News of the day

MF inflows dip by 68% in Nov to Rs 45,124 cr
Investments in mutual fund schemes saw a sharp 68 per cent decline in November to over Rs 45,100 crore over the previous month, as investors preferred to stay away from equity market.
Online Business

Dr Reddy's forays into transdermal patch segment

Hyderabad-based pharmaceutical major, Dr Reddy’s Laboratories, forayed into the transdermal patch segment with the launch of Finrid – a medicated adhesive patch used in the management of severe to moderate pain – in the Indian market. Sensex ends up 35pts The scrip of Dr Reddy’s is currently trading at Rs 815 on the BSE, up 0.11 per cent as against the previous close of Rs 814.10.


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